If the lender has a judgment for the balance due, yes.
AnswerNo not if they haven't sent you something at some point letting you know what the balance due is and how they arrived at it.The only way to get a repossessed truck back in the state of Indiana is to pay the balance owed. Sometimes, you can contact the lender and make arrangements to get the truck back without paying the whole amount.
Yes until it has been sold by the lender, contact the lender and pay the bill
It is sooo SIMPLE, you CONTACT the LENDER for further instructions.
Well after I got my car repoed it took me till Oct of the same yr to pay the lender off with a new charge off amount repoed in April 2003 paid in full Oct 2003 on my Credit Report it shows as a charge off. I paid it off in 6 months I refinanced my home to pay off he difference. In between time I had their Collection agents call me and make pymt options at the time but I told them I would be refinancing my home anytime and pay off the amount I owed.
It would depend on the contract you had
You need to contact your lender to see if they will work with you on getting caught up on your back payments. Some state laws allow the lender to require you to pay the vehicle off in full and some state laws require the lender to return the vehicle to you if you can catch up on the amount you are behind. You need to check your state law and contact your lender.
What MUST be done is CONTACT the LENDER who repoed it. They determine who, what, when and HOW MUCH.
It depends on what you want to do...If you want to get your car back, contact your lender and see what they want...
You need to contact an attorney if you can afford it. She could negotiate for you. Otherwise you need to contact your lender and discuss your situation.
Bad things, among which is ruined credit for 7 years, payment of the balance left on the note after the bank sells your car. Not good things. Don't do it. Call the lender and work something out.
Yes, usually. As long as you can pay the past due balance plus repo fee & storage fees. However, the lender can demand the ENTIRE balance if they want to. (They generally dont)
You pay the money back. If it is still in process, contact the lender and cancel the application.